Kellogg Co., the world’s leading maker of breakfast cereals, said Thursday that it has bought the United Bakers Group, a leading Russian maker of crackers, biscuits and breakfast cereals. The price of the deal was not disclosed. United Bakers Group sells primarily under the Yantar and Lyubyatovo brands and had sales of about $100 million in 2007, Kellogg said. United Bakers has about 4,000 employees and six manufacturing plants, Kellogg said. It is headquartered in Voronezh, Russia. Battle Creek, Mich.-based Kellogg had sales of $10.91 billion in 2006.

BRIEFLY

British mining company Anglo American PLC is in exclusive negotiations to pay $5.5 billion for control of iron ore projects owned by Brazilian miner MMX Mineracao e Metalicos SA, the companies said Thursday.

– From wire reports

As you comment, please be respectful of other commenters and other viewpoints. Our goal with article comments is to provide a space for civil, informative and constructive conversations. We reserve the right to remove any comment we deem to be defamatory, rude, insulting to others, hateful, off-topic or reckless to the community. See our full terms of use here.

More in News

Brian Domeier is fighting a big oil company, and some of his Newport neighbors are cheering him on. Domeier claims that the St. Paul Park oil refinery now owned by Andeavor abandoned land in a buffer zone — and that he should be given the land because he has tended it for 20 years. Andeavor is suing Domeier to keep...

A marker on the Hillcrest Golf Course proclaims the Hillcrest Knoll to be Ramsey County's highest hilltop, though folks in Arden Hills and Shoreview might dispute it. Soon, the 1920s-era golf course may have another claim to fame -- housing, and lots of it. At Larpenteur Avenue and McKnight Road on the city's Greater East Side, Hillcrest represents 112 acres...

The owners of the St. Paul Saints are seeking an exemption from having to pay its players Minnesota's minimum wage. The Saints say without the exemption, the baseball team runs into a problem with a league rule limiting club payrolls. “We’re in a league that has a salary cap," Saints Executive Vice President and General Manager Derek Sharrer told state...

Construction of Interstate 94 through St. Paul in the 1950s and 1960s upended the Rondo neighborhood, forever separating what's now Summit-University with a deep highway trench. Maybe not forever. Organizers behind the ReConnectRondo initiative have kicked off a week's worth of community panels, a dinner, reception, tours and outreach opportunities with land use and real estate experts from the Urban...